Font Size

- Aa +

Sun 28 Apr 2013 08:44 AM

Font Size

- Aa +

Swiss power firm wins $120m Saudi contract

ABB says it has inked deal with Saudi Electricity Co to supply transformers to boost capacity

Swiss power firm wins $120m Saudi contract

Swiss-based power group ABB has said it has won orders worth around $120m from the Saudi Electricity Company to supply transformers that will help to enhance capacity and enable more electricity supply to meet growing needs.

ABB said in a statement that it will design, manufacture, supply and install the power transformers, which will be located at substations in the western, eastern, southern and central regions of the country.

"Saudi Arabia remains a key market for ABB and we are delighted to continue supporting the country in its efforts to strengthen its power infrastructure," said Bernhard Jucker, head of ABB's Power Products division.

"ABB transformers are designed to maximise availability while ensuring reliability and optimising efficiency."

Transformers are integral components of an electrical grid, and essential for the efficient and safe conversion of electricity between diverse voltage systems.

ABB recently announced a $40m investment for the construction of a new manufacturing plant for high-voltage GIS and the establishment of a transformer service workshop in Saudi Arabia.

For all the latest energy and oil news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.